Donations

The Dr Edwin Doubleday Fund is a registered charity and most donations qualify for tax benefits under UK tax regulations as explained below.

Gift Aid - This is now the most frequently used method of giving by taxpayers for donations of all sizes. It applies to both single gifts or gifts spread over several years (replacing the old Deed of Covenant system). The charity receives 28% (higher rate taxpayers can recover the higher band of tax from the Inland Revenue, on top of the donor's gift). Please contact the secretary for a Gift Aid form.

Stocks & Shares - Gifts of shares and securities are now doubly tax-efficient. The market value of the shares can be deducted from the taxable income and the gift is exempt from Capital Gains Tax.

Company Gifts - Donors with their own companies can offset donations against Corporation Tax.

Payroll giving - Many employers now operate a Payroll Giving Scheme whereby employers can donate to charity via a standing order from their salary. This means an immediate saving for the individual donor, 40% for the higher taxpayer and 22% for standard taxpayers.

Legacies - All charitable bequests are exempt from Inheritance Tax, (40%), this makes it worth noting for those wanting to minimise their tax liability.